Bitcoin reached a fresh all-time peak, surpassing $69,300 this week, only to swiftly correct by over 10%. Prior to this event, the open interest in Bitcoin futures and perpetual pairs surged to unprecedented levels. Despite Bitcoin’s overall gain of almost 55% in the past month, the sudden drop in its value has left investors uncertain about its future trajectory. However, Santiment suggests that ‘speculative excess’ has been temporarily removed from the markets. Open...
Read More »What’s Coming to Shiba Inu (SHIB)? Lead Dev Hints at Major Release
TL;DR Shiba Inu’s team hints at new advancements associated with the meme coin, sparking community speculation. SHIB’s price surged 300% in the past month, highlighting the token’s volatility amidst a broader crypto market rally. What’s Coming Next for SHIB? Shytoshi Kusama, the lead developer of Shiba Inu, said the team behind the popular meme coin has been busy recently, participating in meetings and “talking to the other side of the world” regarding the introduction of a...
Read More »Bitcoin’s $69K ATH Test Leads to Massive Rollercoaster but What’s Next? (BTC Price Analysis)
Bitcoin has achieved a significant milestone by reaching its all-time high of $69K after 847 days, reflecting a notable surge in confidence within the cryptocurrency market. However, this achievement is accompanied by expectations of heightened volatility in the mid-term, leading to the liquidation of numerous futures market positions. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart highlights Bitcoin’s impressive rally, driven by...
Read More »Following the Flushout, is ETH About to Break Toward $4K? (Ethereum Price Analysis)
After a period of heightened buying activity and increased bullish momentum, Ethereum has successfully reclaimed a crucial resistance zone, notably the previous major yearly high at $3.6K. This breakout, if confirmed by a retest, sets the stage for ETH to potentially establish a new all-time high in the near future. By Shayan The Weekly Chart An in-depth analysis of the weekly chart reveals a significant bullish sentiment surrounding Ethereum, as evidenced by a substantial...
Read More »Shiba Inu Price Analysis: SHIB Explodes 228% Weekly as Bulls Take Control
Shiba Inu is back in the spotlight with a massive rally. Key Support levels: $0.0000025 Key Resistance levels: $0.000037 1. Massive Rally in Progress SHIB’s buyers came in force in late February and took the price to levels not seen since 2022. Since then, SHIB’s price has increased by over 300%, which is an impressive achievement in such a short time — especially from a technical perspective. The current resistance is at $0.000037, and if buyers continue pushing at this...
Read More »Binance Welcomes AEVO (AEVO) as 48th Project on Its Launchpool, BNB Price Jumps
[unable to retrieve full-text content]CoinspeakerBinance Welcomes AEVO (AEVO) as 48th Project on Its Launchpool, BNB Price Jumps The AEVO tokens have a 1 billion maximum supply and will allow farming by Binance users who stake FDUSD and BNB tokens from the 8th of March. Binance Welcomes AEVO (AEVO) as 48th Project on Its Launchpool, BNB Price Jumps
Read More »Here’s Why Bitcoin’s (BTC) Correction is Very Beneficial for Market Positivity: CryptoQuant
Bitcoin went through a massive correction to under $60,000 after blasting past a new all-time high above $69,000 on Wednesday. Experts indicate that despite the volatility, there’s continued positivity in the market, hinting at potentially strong movements in the days ahead. Correction Brings Renewed Positivity CryptoQuant’s latest analysis, for one, suggests that the ongoing correction in Bitcoin’s price is actually fostering a more positive outlook for the crypto asset. The...
Read More »Bitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation
[unable to retrieve full-text content]CoinspeakerBitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation Over $800M of the $1B in liquidation was accounted for by long positions, meaning leveraged bulls recorded massive losses. Bitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation
Read More »Solana (SOL) Price Analysis: Dips Are Protected Near $110
Solana price started a downside correction from the $145 zone against the US Dollar. The price is now trading below $125 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $130 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $115 and $110 support levels to start another increase. Solana price is trading above $110 against the US Dollar, like Bitcoin. SOL is...
Read More »Bitcoin Price Analysis: BTC Rips To New ATH Before Taking Hit
Bitcoin price started a downside correction from the new all-time high at $69,324 against the US Dollar. The price is now trading above $60,000 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support at $64,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $60,000 support zone. Bitcoin price is correcting lower below $65,000 against the US...
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